New Albany, IN Section 8 Rent Limits 2026–27 by ZIP Code
For 2026–27, HUD's 2-bedroom figure in New Albany ranges from $1,190 (ZIP 47151) to $1,250 (ZIP 47150), with a median of $1,220 across 2 ZIP codes. HUD sets these per ZIP code (Small Area Fair Market Rents), so they differ across the city.
These are HUD's figures, effective 2026-10-01. A housing authority sets its own payment standard, normally between 90% and 110% of them (higher with HUD approval or as a disability accommodation). The voucher then pays the lower of that standard or the gross rent, minus your total tenant payment (generally 30% of adjusted monthly income).
| ZIP | Studio | 1 BR | 2 BR | 3 BR | 4 BR |
|---|---|---|---|---|---|
| 47150 | $960 | $1,040 | $1,250 | $1,600 | $1,840 |
| 47151 | $910 | $990 | $1,190 | $1,520 | $1,750 |
Income limits: Floyd County
Voucher amounts nationwide by unit size: Studio · 1 Bedroom · 2 Bedroom · 3 Bedroom · 4 Bedroom